Seabridge Gold (TSE:SEA) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$21.82 and traded as high as C$26.56. Seabridge Gold shares last traded at C$26.50, with a volume of 82,718 shares changing hands.

Seabridge Gold Stock Performance

The company has a debt-to-equity ratio of 57.06, a quick ratio of 3.34 and a current ratio of 2.11. The stock has a market cap of C$2.17 billion, a PE ratio of 269.56 and a beta of 1.09. The firm’s 50-day moving average is C$23.90 and its 200 day moving average is C$21.90.

Seabridge Gold (TSE:SEA) (NYSE:SA) last announced its earnings results on Tuesday, August 13th. The company reported C$0.51 earnings per share for the quarter, topping the consensus estimate of C$0.04 by C$0.47. As a group, research analysts anticipate that Seabridge Gold Inc. will post -0.31 EPS for the current year.

Insider Buying and Selling at Seabridge Gold

In other news, Senior Officer Robert Brent Murphy sold 5,000 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of C$25.03, for a total transaction of C$125,166.00. In other Seabridge Gold news, Senior Officer Julie Rachynski sold 1,396 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of C$21.45, for a total value of C$29,944.20. Also, Senior Officer Robert Brent Murphy sold 5,000 shares of the firm’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of C$25.03, for a total value of C$125,166.00. In the last three months, insiders have sold 6,696 shares of company stock valued at $162,595. 2.78% of the stock is owned by company insiders.

About Seabridge Gold

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.